Brian Wesbury, from First Trust, provides a short video commentary on why you shouldn't pay attention to the pundits always looking for a "Black Swan" event. Pay attention to what is happening in the real world as to what is driving earnings, profits, and markets. Watch the video here.
Thanks to Art Cashin, Director of Floor Operations, UBS Financial Services, for his quote used in the headline.
Click Rain provides a quick and relevant overview of the always anticipated annual internet trends report presented by Mary Meeker of Kleiner Perkins Caufield & Byers (KPCB). Watch this short video here (Click Rain Braindrops) and get the highlights, or access the full report here.
According to LPL's Senior Market Strategist, Ryan Detrick, the S&P 500 has gained 7.9% through (last) Thursday, the 100th trading day of 2017. Since 1950 the S&P 500 has never finished lower after gaining at least 7.5% during the first 100 trading days—its 23 for 23. And on 20 of those occasions, the benchmark continued to rise, with an average gain of 9% over the remainder of the year. Read the full Barron's article here.
